mintclean trading ltd
mintclean trading ltd Company Information
Company Number
11923965
Next Accounts
120 days late
Industry
Washing and (dry-)cleaning of textile and fur products
Directors
Shareholders
abdul rehman nawaz
undisclosed
Group Structure
View All
Contact
Registered Address
regent house folds road, bolton, BL1 2RZ
Website
-mintclean trading ltd Estimated Valuation
Pomanda estimates the enterprise value of MINTCLEAN TRADING LTD at £22k based on a Turnover of £41.6k and 0.53x industry multiple (adjusted for size and gross margin).
mintclean trading ltd Estimated Valuation
Pomanda estimates the enterprise value of MINTCLEAN TRADING LTD at £0 based on an EBITDA of £-1.5k and a 2.92x industry multiple (adjusted for size and gross margin).
mintclean trading ltd Estimated Valuation
Pomanda estimates the enterprise value of MINTCLEAN TRADING LTD at £12.7k based on Net Assets of £5.7k and 2.22x industry multiple (adjusted for liquidity).
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Mintclean Trading Ltd Overview
Mintclean Trading Ltd is a live company located in bolton, BL1 2RZ with a Companies House number of 11923965. It operates in the washing and (dry-)cleaning of textile and fur products sector, SIC Code 96010. Founded in April 2019, it's largest shareholder is abdul rehman nawaz with a 50% stake. Mintclean Trading Ltd is a young, micro sized company, Pomanda has estimated its turnover at £41.6k with unknown growth in recent years.
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Mintclean Trading Ltd Health Check
Pomanda's financial health check has awarded Mintclean Trading Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £41.6k, make it smaller than the average company (£422.4k)
- Mintclean Trading Ltd
£422.4k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Mintclean Trading Ltd
- - Industry AVG
Production
with a gross margin of 26.6%, this company has a higher cost of product (41.6%)
- Mintclean Trading Ltd
41.6% - Industry AVG
Profitability
an operating margin of -10% make it less profitable than the average company (5.3%)
- Mintclean Trading Ltd
5.3% - Industry AVG
Employees
with 3 employees, this is below the industry average (11)
3 - Mintclean Trading Ltd
11 - Industry AVG
Pay Structure
on an average salary of £19.7k, the company has an equivalent pay structure (£19.7k)
- Mintclean Trading Ltd
£19.7k - Industry AVG
Efficiency
resulting in sales per employee of £13.9k, this is less efficient (£40.5k)
- Mintclean Trading Ltd
£40.5k - Industry AVG
Debtor Days
it gets paid by customers after 24 days, this is earlier than average (54 days)
- Mintclean Trading Ltd
54 days - Industry AVG
Creditor Days
its suppliers are paid after 53 days, this is slower than average (35 days)
- Mintclean Trading Ltd
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Mintclean Trading Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 140 weeks, this is more cash available to meet short term requirements (8 weeks)
140 weeks - Mintclean Trading Ltd
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 78.2%, this is a higher level of debt than the average (68.6%)
78.2% - Mintclean Trading Ltd
68.6% - Industry AVG
MINTCLEAN TRADING LTD financials
Mintclean Trading Ltd's latest turnover from November 2022 is estimated at £41.6 thousand and the company has net assets of £5.7 thousand. According to their latest financial statements, Mintclean Trading Ltd has 3 employees and maintains cash reserves of £12 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2022 | Nov 2021 | Nov 2020 | Apr 2020 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | 3 | 4 | 3 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2022 | Nov 2021 | Nov 2020 | Apr 2020 | |
|---|---|---|---|---|
| Tangible Assets | 2,474 | 13,917 | 15,302 | 17,309 |
| Intangible Assets | 9,045 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 11,519 | 13,917 | 15,302 | 17,309 |
| Stock & work in progress | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,750 | 31,820 | 19,221 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 |
| Cash | 11,978 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 |
| total current assets | 14,728 | 31,820 | 19,221 | 0 |
| total assets | 26,247 | 45,737 | 34,523 | 17,309 |
| Bank overdraft | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 |
| Trade Creditors | 4,442 | 15,599 | 10,375 | 9,170 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 |
| total current liabilities | 4,442 | 15,599 | 10,375 | 9,170 |
| loans | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 630 | 1,200 | 600 |
| other liabilities | 16,091 | 20,000 | 15,000 | 0 |
| provisions | 0 | 0 | 0 | 0 |
| total long term liabilities | 16,091 | 20,630 | 16,200 | 600 |
| total liabilities | 20,533 | 36,229 | 26,575 | 9,770 |
| net assets | 5,714 | 9,508 | 7,948 | 7,539 |
| total shareholders funds | 5,714 | 9,508 | 7,948 | 7,539 |
| Nov 2022 | Nov 2021 | Nov 2020 | Apr 2020 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 436 | |||
| Amortisation | 2,261 | |||
| Tax | ||||
| Stock | 0 | 0 | 0 | 0 |
| Debtors | -29,070 | 12,599 | 19,221 | 0 |
| Creditors | -11,157 | 5,224 | 10,375 | 9,170 |
| Accruals and Deferred Income | -630 | -570 | 1,200 | 600 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | -3,909 | 5,000 | 15,000 | 0 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 11,978 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 |
| change in cash | 11,978 | 0 | 0 | 0 |
mintclean trading ltd Credit Report and Business Information
Mintclean Trading Ltd Competitor Analysis
Perform a competitor analysis for mintclean trading ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in BL1 area or any other competitors across 12 key performance metrics.
mintclean trading ltd Ownership
MINTCLEAN TRADING LTD group structure
Mintclean Trading Ltd has no subsidiary companies.
Ultimate parent company
MINTCLEAN TRADING LTD
11923965
mintclean trading ltd directors
Mintclean Trading Ltd currently has 1 director, Mr Talahat Mahmood serving since Jun 2024.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Talahat Mahmood | England | 58 years | Jun 2024 | - | Director |
P&L
November 2022turnover
41.6k
-62%
operating profit
-4.2k
0%
gross margin
26.6%
+225.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2022net assets
5.7k
-0.4%
total assets
26.2k
-0.43%
cash
12k
0%
net assets
Total assets minus all liabilities
mintclean trading ltd company details
company number
11923965
Type
Private limited with Share Capital
industry
96010 - Washing and (dry-)cleaning of textile and fur products
incorporation date
April 2019
age
5
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
November 2022
previous names
N/A
accountant
XEINADIN GROUP
auditor
-
address
regent house folds road, bolton, BL1 2RZ
Bank
-
Legal Advisor
-
mintclean trading ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to mintclean trading ltd.
mintclean trading ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for MINTCLEAN TRADING LTD. This can take several minutes, an email will notify you when this has completed.
mintclean trading ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
